What is the central argument of the Asiaphoria by Lant Pritchett and Larry Summers? Do you agree with the argument of Pritchett and Summers? Is it compatible with the
BRICs thesis? Assuming it is true, what are the implications of the Asiaphoria argument for multinationals based in Western Europe? How should they adjust their strategies in light of the arguments of Pritchett and Summers?
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